Dodge R Stanton 4

Accession 0001404430-25-000015

CIK 0001883685other

View on SEC.gov Company Profile

Filed

Dec 1, 7:00 PM ET

Accepted

Dec 2, 5:46 PM ET

Size

32.8 KB

Accession

0001404430-25-000015

Insider Transaction Report

Form 4

Period: 2025-12-01

DraftKings Inc.DKNG

Dodge R Stanton

Chief Legal Officer

Transactions

Exercise/Conversion
Class A Common Stock
2025-12-01+11,029→ 519,445 total
Tax Payment
Class A Common Stock
2025-12-01$33.87/sh−4,826$163,457→ 514,619 total
Exercise/Conversion
Class A Common Stock
2025-12-01+4,825→ 519,444 total
Tax Payment
Class A Common Stock
2025-12-01$33.87/sh−2,111$71,500→ 517,333 total
Exercise/Conversion
Class A Common Stock
2025-12-01+4,998→ 522,331 total
Tax Payment
Class A Common Stock
2025-12-01$33.87/sh−2,187$74,074→ 520,144 total
Exercise/Conversion
Class A Common Stock
2025-12-01+807→ 520,951 total
Tax Payment
Class A Common Stock
2025-12-01$33.87/sh−353$11,956→ 520,598 total
Exercise/Conversion
Class A Common Stock
2025-12-01$2.95/sh+44,361$130,865→ 564,959 total
Sale
Class A Common Stock
2025-12-01$33.23/sh−13,496$448,472→ 551,463 total
Sale
Class A Common Stock
2025-12-01$34.05/sh−39,281$1,337,518→ 512,182 total
Exercise/Conversion
Restricted Stock Units
2025-12-01−11,029→ 55,147 total
→ Class A Common Stock (11,029 underlying)
Exercise/Conversion
Restricted Stock Units
2025-12-01−4,825→ 43,423 total
→ Class A Common Stock (4,825 underlying)
Exercise/Conversion
Restricted Stock Units
2025-12-01−4,998→ 64,969 total
→ Class A Common Stock (4,998 underlying)
Exercise/Conversion
Restricted Stock Units
2025-12-01−807→ 2,422 total
→ Class A Common Stock (807 underlying)
Exercise/Conversion
Stock Option
2025-12-01−44,361→ 1,468,728 total
Exercise: $2.95Exp: 2027-11-02→ Class A Common Stock (44,361 underlying)

Footnotes (13)

[F1]No shares of Class A Common Stock were transferred or sold upon the vesting of the restricted stock units ("RSUs") other than to the Issuer to satisfy withholding taxes. The Reporting Person received the net of the 11,029 shares of Class A Common Stock underlying the RSUs listed in Table II, and 4,826 shares of Class A Common Stock withheld by the Issuer. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
[F10]On February 12, 2024, the Reporting Person was granted 77,196 RSUs vesting quarterly over four (4) years from March 1, 2024.
[F11]On February 10, 2025, the Reporting Person was granted 79,961 RSUs vesting quarterly over four (4) years from March 1, 2025.
[F12]On February 10, 2025, the Reporting Person was granted 9,692 RSUs vesting monthly over one (1) year from March 1, 2025.
[F13]These stock options were granted on November 7, 2017. As of the date hereof, all such remaining stock options have vested.
[F2]No shares of Class A Common Stock were transferred or sold upon the vesting of the RSUs other than to the Issuer to satisfy withholding taxes. The Reporting Person received the net of the 4,825 shares of Class A Common Stock underlying the RSUs listed in Table II, and 2,111 shares of Class A Common Stock withheld by the Issuer. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
[F3]No shares of Class A Common Stock were transferred or sold upon the vesting of the RSUs other than to the Issuer to satisfy withholding taxes. The Reporting Person received the net of the 4,998 shares of Class A Common Stock underlying the RSUs listed in Table II, and 2,187 shares of Class A Common Stock withheld by the Issuer. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
[F4]No shares of Class A Common Stock were transferred or sold upon the vesting of the RSUs other than to the Issuer to satisfy withholding taxes. The Reporting Person received the net of the 807 shares of Class A Common Stock underlying the RSUs listed in Table II, and 353 shares of Class A Common Stock withheld by the Issuer. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
[F5]The Reporting Person acquired shares of Class A Common Stock of the Issuer upon the exercise of stock options and payment of the aggregate exercise price in cash.
[F6]The reported sale was made pursuant to a pre-arranged program for selling shares of Class A Common Stock adopted on December 13, 2024 pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934.
[F7]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.72 to $33.69, inclusive. The Reporting Person has provided to the Issuer, and undertakes to provide any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnotes 7 and 8 to this Form 4.
[F8]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.72 to $34.25, inclusive. See the last sentence of footnote 7 to this Form 4 above.
[F9]On February 13, 2023, the Reporting Person was granted 190,588 RSUs vesting quarterly over four (4) years from March 1, 2023. On April 28, 2023, the vesting terms of 14,119 of such RSUs were amended to provide for vesting in equal monthly installments over one (1) year from April 23, 2023. Accordingly, such 14,119 RSUs are no longer included in the Reporting Person's holdings with respect to the February 13, 2023 grant of 190,588 RSUs.

Documents

1 file

4
wk-form4_1764715591.xmlPrimary
FORM 4

Issuer

DraftKings Inc.

CIK 0001883685

→

Entity typeother

Related Parties

filerCIK 0001404430

Filing Metadata

Form type: 4
Filed: Dec 1, 7:00 PM ET
Accepted: Dec 2, 5:46 PM ET
Size: 32.8 KB

View on SEC.gov